Stories and challenges Corporate Universities/Talent Development in good times and bad times.

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Presentation transcript:

Stories and challenges Corporate Universities/Talent Development in good times and bad times

Corporate Universities and Leadership Development Examples and own experience Aimed to build sustainable business success Changed requirements in times of recession Different type of leaders Strategy for talent management Relevance and impact Success factors

Germany has about 80 Corporate Education Facilities

Hamburger University McDonald’s Corporation

Ray Kroc

“If we are going to go anywhere, we have got to have talent. And, I am going to put my money in talent.” Ray Kroc

Hamburger University Munich

MCN Academy Middle East Communication Networks

Talent Development essential for sustainable business success

Organizations in a systemic perspective

Recalibration in times of recession

Growing need for different type of leaders

Who is next? Who gets promoted and based on what?

Corporate Universities Based on vision and business objectives

Need for Talent Management Strategy

Boom of Leadership Development Programs in the UAE in times of growth Relevance and Impact?

Strategic Leadership Development Engaging managerial personnel in conjunction with academic institutions Effective, relevant, impactful

Managing Margins vs Long-term Talent Development The challenge in times of recession

How to create impact and change?

Importance of Ambition, Self-Motivation and Self-Initiative

Success Factors Ownership and endorsement of CEO Full alignment with vision, business strategy and objectives Talent development as part of organization’s culture Talent Management – Status analysis of talent – Desired competencies based on business objectives – Talent review and identification of key talents – Performance reviews and clear KPIs – Career development plans – Evaluation of progress and managing expectations